SPINX: SEI S&P 500 Index A (SIIT)

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SPINX SEI S&P 500 Index A (SIIT)


Profile

SPINX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 11.2%
  • 5 Yr Annualized Return 8.9%
  • Net Assets $5.05 B
  • Holdings in Top 10 23.0%

52 WEEK LOW AND HIGH

$17.44
$14.14
$17.62

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.12%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 11.2%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.23%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SEI Institutional Investments Trust S&P 500 Index Fund Class A
  • Fund Family Name
    SEI
  • Inception Date
    Dec 18, 2013
  • Shares Outstanding
    295557840
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Feehily

Fund Description

The SEI Institutional Investments Trust S&P 500 Index Fund Class A (SPINX) is a low-cost, passively managed index fund that provides exposure to large-cap U.S. equities. SPINX tracks the benchmark S&P 500 Index and employs a full-replication strategy, thereby owning all the stocks in the index and achieving exposure to the main sectors of the U.S. economy. The fund may also invest in various derivatives, S&P tracking ETFs, and lend securities to reduce expenses.

As an index covering large-cap stocks and every sector of the market, SPINX makes an ideal core position for any investor’s portfolio. SPINX is managed externally by SSgA Funds Management.


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Categories

Performance

SPINX - Performance

Return Ranking - Trailing

Period SPINX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -1.8% 5.2% 32.14%
1 Yr 22.2% -73.2% 37.6% 31.23%
3 Yr 11.2%* -33.7% 55.6% 25.78%
5 Yr 8.9%* -25.3% 29.3% 18.81%
10 Yr N/A* -8.7% 16.0% N/A

* Annualized

Return Ranking - Calendar

Period SPINX Return Category Return Low Category Return High Rank in Category (%)
2019 27.4% -72.6% 38.1% 20.25%
2018 -8.7% -67.0% 10.0% 18.89%
2017 18.9% -32.8% 302.5% 17.96%
2016 9.6% -26.1% 19.7% 22.20%
2015 -0.9% -82.5% 7.8% 13.01%

Total Return Ranking - Trailing

Period SPINX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -1.8% 5.2% 32.14%
1 Yr 22.2% -73.2% 37.6% 30.23%
3 Yr 11.2%* -33.7% 55.6% 38.99%
5 Yr 8.9%* -14.5% 29.3% 36.07%
10 Yr N/A* -4.2% 16.0% N/A

* Annualized

Total Return Ranking - Calendar

Period SPINX Return Category Return Low Category Return High Rank in Category (%)
2019 27.4% -72.6% 38.1% 20.33%
2018 -8.7% -67.0% 10.0% 46.74%
2017 18.9% -22.1% 302.5% 57.25%
2016 9.6% -16.4% 23.8% 48.60%
2015 -0.9% -26.4% 106.5% 42.00%

NAV & Total Return History


Holdings

SPINX - Holdings

Concentration Analysis

SPINX Category Low Category High SPINX % Rank
Net Assets 5.05 B 135 K 898 B 18.91%
Number of Holdings 511 1 3580 10.55%
Net Assets in Top 10 1.18 B 46.7 K 169 B 21.43%
Weighting of Top 10 22.97% 2.2% 144.5% 70.86%

Top 10 Holdings

  1. Apple Inc 4.41%
  2. Microsoft Corp 4.32%
  3. Amazon.com Inc 2.77%
  4. E-mini S&P 500 Future Mar20 2.27%
  5. Facebook Inc A 1.77%
  6. Berkshire Hathaway Inc B 1.59%
  7. JPMorgan Chase & Co 1.57%
  8. Alphabet Inc A 1.44%
  9. Alphabet Inc Class C 1.44%
  10. Johnson & Johnson 1.38%

Asset Allocation

Weighting Return Low Return High SPINX % Rank
Stocks
98.50% 81.61% 145.87% 59.90%
Cash
1.99% -77.63% 18.40% 30.28%
Preferred Stocks
0.00% -17.98% 6.21% 25.57%
Convertible Bonds
0.00% 0.00% 9.79% 22.89%
Bonds
0.00% 0.00% 77.09% 30.93%
Other
-0.49% -1.81% 22.43% 98.54%

Stock Sector Breakdown

Weighting Return Low Return High SPINX % Rank
Technology
19.77% 0.00% 42.83% 47.41%
Financial Services
15.93% 0.00% 49.34% 56.20%
Healthcare
14.37% 0.00% 29.56% 40.59%
Communication Services
10.40% 0.00% 25.09% 27.36%
Consumer Cyclical
9.57% 0.00% 35.48% 59.74%
Industrials
9.52% 0.00% 30.59% 64.91%
Consumer Defense
7.56% 0.00% 28.92% 46.26%
Energy
4.33% -1.47% 14.95% 42.65%
Utilities
3.32% 0.00% 19.47% 32.79%
Real Estate
2.92% 0.00% 65.29% 50.12%
Basic Materials
2.29% -0.14% 13.68% 52.75%

Stock Geographic Breakdown

Weighting Return Low Return High SPINX % Rank
US
97.56% 80.11% 144.61% 37.01%
Non US
0.94% 0.00% 20.06% 72.08%

Expenses

SPINX - Expenses

Operational Fees

SPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.12% 0.00% 119.91% 95.55%
Management Fee 0.03% 0.00% 2.00% 3.59%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.85% 15.79%

Sales Fees

SPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

SPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 838.00% 33.03%

Distributions

SPINX - Distributions

Dividend Yield Analysis

SPINX Category Low Category High SPINX % Rank
Dividend Yield 0.44% 0.00% 15.79% 7.64%

Dividend Distribution Analysis

SPINX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

SPINX Category Low Category High SPINX % Rank
Net Income Ratio 2.23% -2.85% 3.34% 1.82%

Capital Gain Distribution Analysis

SPINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SPINX - Fund Manager Analysis

Managers

Michael Feehily


Start Date

Tenure

Tenure Rank

Dec 18, 2013

6.04

6.0%

Mr. Feehily, CFA, is a Managing Director of SSgA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business. This group created and managed portfolios that were designed to meet the short-term market exposure needs of institutional clients. Prior to this, Mr. Feehily had been Head of the US Passive Equity Team within SSgA. He joined SSgA in 1997. Mr. Feehily received a Bachelor of Science Degree from Babson College in Finance, Investments, and Economics. He received an MBA in Finance from Bentley College and also earned the Chartered Financial Analyst designation. He is a member of the Boston Security Analysts Society and the CFA Institute. Mr. Feehily is also a former member of the Russell Index Client Advisory Board.

Mark Krivitsky


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.0

6.0%

Mr. Krivitsky is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the Global Equity Beta Solutions Group (GEBS) and Tax-Efficient Market Capture Group. He joined the firm in 1996. His previous experience at SSGA includes affiliation with the firm's U.S. Structured Products Operations Group. Mr. Krivitsky began his tenure at State Street Corporation in the Mutual Funds Division in 1992. He has been working in the investment management field since 1991. Mr. Krivitsky holds a Bachelor of Arts in Humanities/Social Sciences from the University of Massachusetts and a Master of Business Administration with a specialization in Finance from the Sawyer School of Management at Suffolk University.

Karl Schneider


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.0

6.0%

Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.

Stephen Dolce


Start Date

Tenure

Tenure Rank

Sep 30, 2016

3.25

3.3%

Steven C. Dolce, CFA, serves as Portfolio Manager at SEI Investments Management Corporation. Prior to joining SEI, Mr. Dolce was Partner, Portfolio Manager, Analyst and Investment Committee Member at Philadelphia International Advisors LP (PIA). Previously, Mr. Dolce was a Sector Portfolio Manager and Senior Analyst at DuPont Capital Management (DCM). Mr. Dolce also served as a Global Equity and Derivatives Trader at Grantham, Mayo & Van Otterloo & Co. LLC (GMO) in Boston. Mr. Dolce received his Bachelor of Science from Boston College, Carroll School of Management with a concentration in economics. Mr. Dolce received a Master of Finance from Northeastern University. Mr. Dolce is a CFA charterholder, a member of AIMR, the Philadelphia Financial Analysts and an industry mentor to the University of Delaware CFA Research Challenge students.

David Hintz


Start Date

Tenure

Tenure Rank

Sep 30, 2017

2.25

2.3%

Mr. Hintz is responsible for the management of the portfolios, capital market research, ongoing evaluation and allocation of equity managers and capital for the SEI funds. Prior to joining SEI, Mr. Hintz worked at Russell Investments as a Portfolio Manager and previously as the Head of US Equity Research and a Research Analyst. Mr. Hintz received his Bachelor of Science from Walla Walla University and his M.B.A. from Pacific Lutheran University. Mr. Hintz is a CFA charter holder from the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 33.48 6.06 0.5